Octaware Declared As “Most Innovative Company of the Year”, STEVIE® AWARD IN 2012

Octaware Technologies has been conferred with the “STEVIE® INTERNATIONAL BUSINESS AWARDS in 2012”, a prestigious award honoring the year's most recognized and promising technology companies across the globe.

Online PR News – 18-August-2012 – Mumbai, India – [Mumbai, India] - Octaware Technologies has been conferred with the “STEVIE® INTERNATIONAL BUSINESS AWARDS in 2012”, a prestigious award honoring the year's most recognized and promising technology companies across the globe. Octaware has won the Silver Award and has been recognized as the “Most Innovative Company of the Year”.

Octaware has the distinction of being one of the five Indian companies to have won this award along with the other very well-known India IT giants.

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide are eligible to submit nominations – public and private, for-profit and non-profit, large and small. The 2012 IBAs received entries from more than 50 nations and territories.
Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the Ritz-Carlton Hotel in Seoul, South Korea on 15 October.
More than 3,200 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Most Innovative Company of the Year, Management Team of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year, among others. Octaware Technologies won in the “The Most Innovative Company of The Year” category for Technology.
Stevie Award winners were selected by more than 300 executives worldwide who participated in the judging process this year.
“Entries to the IBAs grew substantially this year,” said Michael Gallagher, president and founder of the Stevie Awards. “Despite slow economic conditions in much of the world, the quality of nominations was outstanding, demonstrating that there are many companies that are innovating and growing regardless. We’re looking forward to celebrating this year’s Gold, Silver and Bronze Stevie winners at our gala event in Seoul on 15 October.”
Details about The International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA.
Being elated at this great achievement Mr. Aslam Khan, President, Octaware Technologies said “We are extremely delighted with the recognition, having the distinction of being one of the 5 Indian companies in company of well-known IT Giants is an appreciation in itself. Close on the heels of winning The Deloitte Technology Fast 500 Asia Pacific just less than a year back and The Deloitte Technology Fast 50 India Award and the Red Herring Asia Top 100 Award earlier, this comes as an eventful recognition by the industry of Octaware’s technology prowess, vision and leadership and that all are progressing in the right direction. It also indicates a clear confidence the Industry has in our services delivery & solution offering and demonstrates our growth as an IT firm.”
Reflecting on the company values Mr. Khan added “It is an appreciation of the vision that Octaware stands for which is much higher than creating material wealth. It is more about adding value with growth opportunities, not just for itself but for the entire society. We are thankful to all our valued customers for their continued faith and to STEVIE® for having acknowledged our services. This is recognition of the efforts expended by the entire Octaware family and I accept this award with all humbleness on their behalf.”

Once again this award comes as a shot in the arm for all Octawarians and all are rejoicing on this great recognition.

Mr.Shahnawaz Shaikh, General Manager, Octaware Technologies said,"It is a great honor for Octaware to receive the prestigious Silver STEVIE®in 2012 INTERNATIONAL BUSINESS AWARDS “The Most Innovative Company of The Year” which I feel clearly acknowledges our commitment towards novel advances in the field of technology solutions. Being in this elite group is a significant achievement for us as a fast emerging player in the technology business. This indeed rewards the vision of our talented Management.", he added.“It is a hallmark of our perceptive vision, continued endurance, and striving for excellence. Having won this award is not an end but it is the beginning of our next endeavor and a motivation to continuously innovate and be ahead. Now we need to exceed our own expectations.”

About Octaware:
Octaware Technologies is a software development, enterprise solutions and consulting firm known for excellent project management, exceeding expectations of customers and delivering high quality solutions. With offices in Mumbai, Seattle, Doha, Riyadh, Lagos, Singapore and development centres in Mumbai and Pune, Octaware is dedicated to help clients improve their business productivity by building and implementing high-quality, comprehensive and cost-effective solutions to meet the client’s business requirements.

About the Stevie Awards
Stevie Awards are conferred in four programs: The International Business Awards, The American Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.StevieAwards.com.

Company Contacts:
Sujatha Rajan – Corporate Communications
Octaware Technologies Pvt. Ltd.
(M) :+91-8898068677
(E) :sujatha@octaware.com

Corporate Office Address:
204, Timmy Arcade, Makwana Road, Marol Naka,
Andheri (East), Mumbai, Maharashtra,
India. 400059

Website: www.octaware.com
Twitter: http://twitter.com/#!/Octawaretweets
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